Confidentiality of Data Submitted to the Commissioner

1. Law
2. Tennessee Code
3. Banks and Financial Institutions
4. Money Transmitters
5. Confidentiality of Data Submitted to the Commissioner

1. Notwithstanding any other provision of law, all information or reports obtained by the department of financial institutions from an applicant, licensee or authorized agent, whether obtained through reports, applications, examination, audits, investigation, or otherwise, including, but not limited to:
   1. All information contained in or related to examination, investigation, operating, or condition reports prepared by, on behalf of, or for the use of the department; or
   2. Financial statements, balance sheets, or authorized agent information;

      are confidential and may not be disclosed or distributed outside the department by the commissioner or any officer or employee of the department, except that the commissioner is authorized to disclose confidential information to any local, state or federal agency in a manner the commissioner deems proper and to the Conference of State Bank Supervisors and the Money Transmitter Regulators Association; provided, that these associations have entered into confidentiality agreements with the commissioner. A licensed money transmitter is entitled to access to a copy of the report of examination on the money transmitter prepared by the commissioner or the commissioner's designee. The report of examination in the possession of a licensee shall remain confidential and shall not be subject to subpoena.

2. Nothing in this section shall prohibit the commissioner from releasing to the public a list of persons licensed under this chapter or from releasing aggregated financial data on the licensees.

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